Home > Blossary: Glossary for Principles of Macroeconomics/Microeconomics
Useful terms for students who major in economy or who learn Principles of Macroeconomics/Microeconomics (N. Gregory Mankiw)

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Created by: zzcgood

Number of Blossarys: 7

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A curve that illustrates the production possibilities for the economy. A production possibilities curve (or PPC), like the one presented here, represents the boundary or frontier of the economy's production capabilities. That's why it's also frequently termed a production possibilities frontier (or PPF). As a frontier, it is the maximum production possible given existing (fixed) resources and technology. Producing on the curve means resources are fully employed, while producing inside the curve means resources are unemployed. The law of increasing opportunity cost is what gives the curve its distinctive convex shape.

Domain: Economy; Category: Economics

Một đường cong minh hoạ khả năng sản xuất cho nền kinh tế. Một sản xuất khả năng đường cong (hoặc UBND tỉnh), như một trình bày ở đây, đại diện cho ranh giới hoặc biên giới của khả năng sản xuất của nền kinh tế. Đó là lý do tại sao nó đã cũng thường gọi là một biên giới khả năng sản xuất (hoặc PPF). Như là một biên giới, đó là sản xuất tối đa có thể được đưa ra nguồn tài nguyên sẵn có (cố định) và công nghệ. Sản xuất trên các phương tiện đường cong tài nguyên được sử dụng hoàn toàn, trong khi sản xuất bên trong các phương tiện đường cong tài nguyên đang thất nghiệp. Pháp luật ngày càng tăng các chi phí cơ hội là những gì mang đến cho các đường cong hình dạng lồi đặc biệt của nó.

Domain: Economy; Category: Economics

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